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$265,000

405 Brown St, Waxahachie, TX, 75165

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.83 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator
FlooringHardwood

Exterior

Lot Size5,489 sqft

Building Information

Year Built1930
Stories2
Roof Type105

Land Information

APN90.2002.125.001.03.112
Lot Number1C
SubdivisionTown
Land UseResidential
Legal DescriptionLOT 1C BLK 125 TOWN 0.126 AC
Census Tract060601
Assessed Land Value$60,000
Assessed Improvement Value$218,628
Assessment Year2025

About this property

Charming Historic 1925 Home in Historic North Area of Waxahachie. Walking Distance North of Old Downtown. GORGEOUS HARDWOOD FLOORS. Completely Remodeled in 2021 with OPEN FLOORPLAN according to prior owners including Roof, Plumbing, Electrical, HVAC, Foundation, Windows, Countertops, Fixtures, more. Two Porches and Deck, Fenced back Yard, Large Shade Trees. DON'T MISS THIS FANTASTIC OPPORTUNITY TO OWN A HISTORIC HOME IN THE HEART OF WAXAHACHIE NORTH OF DOWNTOWN.

Investor Tools

Property Icon
$243,000
Estimated Property Value
$160,000Estimated Mortgage Balance
$0Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,590 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,028
$228,055
2025
$60,000
$218,628
$278,628
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,028
$228,055

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Titus38 Llc
Unknown
$160,000
No
First
Apr 23, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,886
N/A
0%
129%
$1,920/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,920/mo
$-355/mo
7.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Waxahachie

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